Calculate the permanent salary you need to match your contracting income
This calculator helps you determine what annual salary you should target as a permanent employee in order to match your net contracting income.
Contractors typically earn considerably more than employees, as you can charge clients higher rates for temporary access to your skills. So, you need to be sure your new salary will cover your outgoings.
This calculator uses your current hourly or daily rate, and considers whether your contract is inside IR35. The figures show how much employment income, or salary, you need to be earning, both in net monthly income and annual salary.
Please enter your details to get the results:
Solutions for Contractors:
Complete contractor accounting service. 24/7 online access. £69 pm!